2024-04-28T15:16:54-05:00 2023-06-30 431985162 SMITH SULLIVAN & BROWN PC 80 FLANDERS ROAD - SUITE 302 WESTBOROUGH MA 01581 990 2022-07-01 043029411 DUDLEY NEIGHBORS INCORPORATED DUDL 6174429670 550 DUDLEY STREET ROXBURY MA 02119 SHARON CHO DIRECTOR 6174429670 2024-04-25 1 SHARON CHO 999009999 0 SANDRA M BROWN CPA P01614103 5088717178 2024-04-25 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SHARON CHO 550 DUDLEY STREET ROXBURY MA 02119 346931 0 X WWW.DUDLEYNEIGHBORS.ORG X 1991 MA COMMUNITY LAND TRUST AND NOT FOR PROFIT URBAN REVITALIZATION CORPORATION 8 8 11 30 0 0 141932 97576 367742 249235 41378 120 1000 0 552052 346931 0 0 0 0 175012 177738 0 0 21072 505182 295415 680194 473153 -128142 -126222 5853286 5383337 412914 417783 5440372 4965554 TO IMPLEMENT THE COMMUNITY REVITALIZATION PLANS OF THE DUDLEY STREET NEIGHBORHOOD INITIATIVE (DSNI), WHICH ESPOUSES DEVELOPMENT WITHOUT DISPLACEMENT AND INCLUDES AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, OPEN SPACE AND OTHER AMENITIES OF THE URBAN VILLAGE. 0 0 376542 249235 DNI COMMUNITY LAND TRUST CONTINUES TO BUILD OUR COMMUNITY AND PROMOTE DEVELOPMENT WITHOUT DISPLACEMENT. DNI HAS TAKEN STEPS TO COMMUNICATE WITH 97 HOMEOWNERS ON THE LAND TRUST AND PROVIDE THEM WITH THE SUPPORT SURROUNDING FORECLOSURE PREVENTION, FINANCING, AND HOME REPAIRS. DNI CONTINUES TO PROMOTE AFFORDABLE HOMEOWNERSHIP OPPORTUNITIES AND LONG-TERM STEWARDSHIP OF THE LAND IN THE DUDLEY NEIGHBORHOOD. DNI HAS LED THE PROCESS TO AQUIRE THE REMAINING CITY-OWNED BLIGHTED, VACANT LAND IN THE DUDLEY TRIANGLE AND HAS BEGAN THE PROCESS OF DETERMINING THE PRODUCTIVE USES FOR THOSE SITES. DNI IS ALSO PROVIDING SUPPORT TO OTHER NEIGHBORHOODS WHO ARE INTERESTED IN EXPLORING THE COMMUNITY LAND TRUST MODEL. 376542 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 9 0 11 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 MA X SHEILA DUNNE 6174429670 550 DUDLEY STREET ROXBURY MA 02119 EVELYN CORREA-GONZALEZ PRESIDENT 0.75 0.40 X X 0 0 0 RON VERNA BOARD MEMBER 0.75 0.40 X 0 0 0 ROYAL NUNES VICE PRESIDENT 0.75 0.40 X X 0 0 0 MARITZA ROSARIO BOARD MEMBER 0.50 0.40 X 0 0 0 EMELI VALVERDE TREASURER 0.50 0.40 X X 0 0 0 KAI PHILIP CLERK 0.50 0.40 X X 0 0 0 KIESHA SANTANA BOARD MEMBER 0.50 0.40 X 0 0 0 TANIA ANDERSON FERNANDES BOARD MEMBER 0.50 0.40 X 0 0 0 SHARON CHO DIRECTOR 40.00 0.00 X 11538 0 4796 TONY HERNANDEZ FORMER EXECUTIVE DIRECTOR 40.00 0.00 X 24859 0 0 JOHN SMITH EXECUTIVE DIRECTOR 4.00 36.00 X 0 100804 7221 36397 100804 12017 0 0 0 0 0 97576 97576 RENTAL INCOME 531190 245235 245235 PROGRAM REVENUE 900099 4000 4000 249235 120 120 346931 249235 0 120 81338 60191 12200 8947 73235 54194 10984 8057 6412 4745 962 705 16753 12397 2513 1843 14254 14254 23183 23183 4744 524 3900 320 24149 21749 1200 1200 1101 1101 24803 24803 REAL ESTATE TAXES 169654 169654 BAD DEBT EXPENSE 27000 27000 PROGRAM/PROJECT COSTS 6527 4001 2526 473153 376542 75539 21072 97457 136871 246352 246472 284574 124730 8472 8665 5291684 655753 4637169 4635931 579262 230668 5853286 5383337 214927 30439 197987 387344 412914 417783 X 5440372 4965554 0 0 5440372 4965554 5853286 5383337 X -126222 -348594 X 0 1 X 0 0 X 53427 220522 193266 151932 97576 716723 53427 220522 193266 151932 97576 716723 10944 705779 35155 39354 38694 41375 120 154698 3991 1000 4991 876412 1222948 0.80530 0.75620 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4589751 4589751 691713 649758 41955 10220 5995 4225 4635931 DUE TO DSNI 387344 387344 X PART X, LINE 2: THE ORGANIZATION CURRENTLY EVALUATES ALL TAX POSITIONS, AND MAKES A DETERMINATION REGARDING THE LIKELIHOOD OF THOSE POSITIONS BEING UPHELD UNDER REVIEW. THE PRIMARY TAX POSITIONS MADE BY THE ORGANIZATION ARE THE EXISTENCE OF UNRELATED BUSINESS INCOME TAX AND THE ORGANIZATION'S TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE FACT THAT CHANGES MAY RESULT FROM CLOSING STATUE OF LIMITATIONS ON TAX RETURNS, NEW LEGISLATION, AND CLARIFICATION OF EXISTING LEGISLATION THROUGH GOVERNMENT PRONOUNCMENTS, THE COURTS, AND THROUGH THE EXAMINATION PROCESS FOR THE YEARS PRESENTED. THE ORGANIZATION HAS NOT RECOGNIZED ANY TAX BENEFITS OR LOSS CONTINGENCIES FOR UNCERTAIN TAX POSITIONS BASED ON THESE EVALUATIONS. FORM 990, PART VI, SECTION A, LINE 6 DNI HAS TWO CLASSES OF MEMBERS - ONE CLASS CONSISTING OF VOTING MEMBERS AND THE OTHER CONSISTING OF PARTICIPATING MEMBERS. THE VOTING MEMBERS CLASS ARE THE BOARD OF DIRECTORS. THE CLASS OF PARTICIPATING MEMBERS CONSISTS OF THOSE PERSONS WHO REQUEST IN WRITING TO PARTICIPATE IN BOARD MEETING AND WHO THEREAFTER NOMINATED AS PARTICIPATING MEMEBRS BY THE VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A DNI WAS ORGANIZED BY THE DUDLEY STREET NEIGHBORHOOD INITIATIVE,INC (DSNI), A NON-PROFIT TAX EXEMPT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, TO CARRY OUT THE HOUSING DEVELOPMENT COMPONENT OF DSNI'S COMPREHENSIVE MASTER PLAN GUIDE TO REVITALIZING THE DUDLEY STREET NEIGHBORHOOD. DSNI HAS A CONTROLLING INTEREST IN DNI THROUGH ITS POWER TO APPOINT SIX OF THE NINE VOTING MEMBERS OF THE DNI'S 11-MEMBER BOARD. DNI HAS THE ABILITY TO REQUIRE THAT SOME OF VOTING MEMBERS COME FROM ITS BOARD. FORM 990, PART VI, SECTION A, LINE 7B DNI WAS ORGANIZED BY THE DUDLEY STREET NEIGHBORHOOD INITIATIVE, INC (DSNI), A NON- PROFIT TAX EXEMPT CORPORATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, TO CARRY OUT THE HOUSING DEVELOPMENT COMPONENT OF DSNI'S COMPREHENSIVE MASTER PLAN GUIDE TO REVITALIZE THE DUDLEY STREET NEIGHBORHOOD. DSNI HAS A CONTROLLING INTERESTS IN DNI THROUGH ITS POWER TO APPOINT 6 OF THE 9 VOTING MEMBERS OF THE DNI'S 11-MEMBER BOARD. FORM 990, PART VI, SECTION B, LINE 11B DNI'S POLICY IS TO PRESENT THE FORM 990 TO THE FULL BOARD OF DIRECTORS. EACH BOARD MEMBER WILL RECEIVE A COPY OF THE FORM 990 BEFORE SUBMISSION TO THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE TO DISCLOSE IN WRITING TO THE ENTIRE BOARD IF THEY, OR ANY MEMBER OF THEIR IMMEDIATE FAMILIES, OR ANY ORGANIZATION WITH WHICH THEY ARE AFFILIATED, PRESENTLY TRANSACT BUSINESS WITH DNI OR ANY OF ITS AFFILIATES. AN AFFILIATION WITH AN ORGANIZATION WILL BE CONSIDERED TO EXIST WHEN A BOARD MEMBER OR A MEMEBR OF HIS OR HER IMMEDIATE FAMILY IS AN OFFICER, DIRECTOR, TRUSTEE, PARTNER, EMPLOYEE OR AGENT OF THE ORGANIZATION OR CONTROLLING INTEREST IN THE ORGANIZATION; OR HAS ANY OTHER SUBSTANTIAL INTEREST OR DEALINGS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: LOSS ON IMPAIRMENT -348,594. NORTH AVENUE LLC 550 DUDLEY STREET ROXBURY MA 02119 REAL ESTATE MA DUDLEY NEIGHBORHOOD INCORPORATED INC DUDLEY STREET NEIGHBORHOOD INTIATIVE INC 550 DUDLEY STREET ROXBURY MA 02119 042859066 COMMUNITY DEVELOPMENT MA 501(C)(3) LINE 7 N/A 0 DUDLEY NEIGHBORS TWO INC 550 DUDLEY STREET ROXBURY MA 02119 208367887 REAL ESTATE HOLDING MA 501(C)(2) DNI 0 DUDLEY NEIGHBORS THREE INC 550 DUDLEY STREET ROXBURY MA 02119 208367967 REAL ESTATE HOLDING MA 501(C)(2) DNI 0 DNI 4 INC 550 DUDLEY STREET ROXBURY MA 02119 464930936 REAL ESTATE HOLDING MA 509(A)(3) LINE 7 DNI 0 DNI 5 INC 550 DUDLEY STREET ROXBURY MA 02119 474004343 REAL ESTATE HOLDING MA 501(C)(3) LINE 12A, I DNI 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 DUDLEY STREET NEIGHBORHOOD INITIATIVE INC D 334467 LOAN GUARANTEE/COLLATERAL DUDLEY STREET NEIGHBORHOOD INITIATIVE INC P 189356 REIMBURSEMENTS DUE FOR FY2023 DUDLEY STREET NEIGHBORHOOD INITIATIVE INC E 387344 AMOUNT DUE FOR SHARED EXPENSES